1. What is the term of legal trademark rights
According to the provisions of the Trademark Law , the trademark right is valid for 10 years, calculated from the date of approval of registration, and application for renewal is made within 6 months before expiration. If the application fails to be applied within this period, an extension period of 6 months can be granted. Renewal can be repeated indefinitely, with each renewal period lasting 10 years.
Trademark right is an intangible asset with economic value and can be used to pay off debts, that is, transferred according to law. According to the provisions of my country's Trademark Law, trademarks can be transferred. When transferring a registered trademark, the transferor and the transferee should sign a transfer agreement and jointly file an application with the Trademark Office.
When transferring trademark rights, a trademark evaluation agency should be entrusted to conduct trademark evaluation in accordance with the requirements of the "Several Provisions on Enterprise Trademark Management", and debt compensation matters should be handled according to the evaluated value. Moreover, you must apply to the Trademark Office for trademark transfer procedures in a timely manner. Civil liability for trademark infringement: A natural person or legal person whose exclusive right to use a trademark has been infringed has the civil right to require the infringer to stop the infringement, eliminate the impact, and compensate for losses.
2. The role of trademarks
1. To facilitate consumers’ recognition Brand shopping.
2. The trademark registrant has the exclusive right to use the trademark and is protected by law.
3. Through trademark registration, you can create a brand and occupy the market first.
4. A trademark is an intangible asset and its value can be evaluated.
5. Trademarks can be transferred, licensed to others, or pledged to realize their value.
6. Trademark is also a necessary condition for quality inspection, health inspection, bar code, etc.
7. Passed by local industrial and commercial bureaus at all levelsTrademark management is used to monitor the quality of goods and services.
The above is some legal knowledge about trademark rights compiled by the editor for you. From the above, we can see that the legal term of trademark rights in my country is 10 years. As a property right, trademark rights are transferable. Of course, if you have other legal knowledge that you need to know, the Legal Savior Network also provides online legal knowledge consultation. Welcome to the Legal Savior Network for legal knowledge consultation.